Redefine’s European logistics platform set to expand its footprint in Poland
JSE listed diversified real estate investment trust Redefine Properties (JSE: RDF) along with equity partners Madison International Realty and Griffin Real Estate in European Logistics Investment BV and in joint venture with its strategic development partner Panattoni Europe.
Redefine achieves impressive tenant retention of 96% in the face of ongoing COVID-19 uncertainty
With the COVID-19 virus and related uncertainty continuing to weigh on businesses, Redefine Properties (JSE: RDF) has announced a 32% fall in its distributable income per share for the six months ended 29 February 2020 to 33.46 cents from 49.19 cents in the prior comparable period.
Echo Polska Properties delivers on-target earnings for the fourth consecutive year
JSE listed EPP, Poland’s biggest retail landlord, released results for the year ended 31 December 2019, with distributable income earnings up by 9.6% and distributions of EUR 11.62 cents per share.
Redefine Properties further enhances liquidity with sale of Strykow
Redefine Properties further enhances liquidity with sale of Strykow.
Growthpoint posts 5.3% growth in full-year distributable income
Growthpoint Properties has posted results for the year to 30 June 2019 with distributable income growth of 5.3% and dividends per share up 4.6%, outperforming its market guidance marginally.
EPP strengthens its retail position and delivers on-target interim results
JSE listed EPP, Poland’s biggest retail landlord, today released interim results for the six months ended June 2019 with distributable income earnings up 9% and distributions of EUR 5.8 cents per share, in line with market guidance.
Founder Marc Wainer retires from Redefine Properties
JSE listed diversified real estate investment trust Redefine Properties today announced that its legendary founder and pioneering property investor and developer Marc Wainer retires from the company at the end of August 2019.
EPP and Henderson Park form a new property joint venture
EPP, the JSE-listed leading Polish property company, and Henderson Park, the pan-European private equity real estate platform, have formed a new joint venture.
EPP and Echo Investment awarded for Towarowa 22 plans
EPP, Poland’s largest owner of shopping malls and its partner Echo Investment, the largest Polish real estate developer, received an award yesterday for their upcoming development in Warsaw, Poland.
Redefine sustains value creation despite tough local economic conditions raising the interim distribution 4% to 49.2 cents a share
Redefine Properties (JSE: RDF), which has increased its distribution for the six months ended 28 February 2019 by 4.0% to 49.2 cents, continues to build a solid platform for sustained growth and value creation despite ongoing economic and political uncertainty.
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